Kingswood hits £6.8bn AUA in 2021

This was an increase of 15% from the previous year, 10% driven by organic growth and 5% through acquisitions, according to the consolidator. The company, which has both UK and US operations, completed four acquisitions in the UK during 2021, adding £2.4m annual operating profit and £1.8bn AUA to the group. A further five UK acquisitions completed during the first half of 2022 - Allots Financial Services, Joseph R Lamb Financial Advisers, DJ Cooke Life and Pensions, AIM Independent Financial Advisers and Vincent & Co. Collectively these acquisitions added £2.7m of annual operating profit ...